Shares of Standard Chartered PLC (LON:STAN) have been assigned an average rating of “Hold” from the twenty-eight analysts that are currently covering the company. Eight equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 551.64 ($7.20).
STAN has been the topic of several research analyst reports. BNP Paribas restated an “underperform” rating and set a GBX 550 ($7.18) price target on shares of Standard Chartered PLC in a report on Thursday, September 22nd. Societe Generale restated a “hold” rating and set a GBX 575 ($7.51) price target on shares of Standard Chartered PLC in a report on Friday, September 9th. Deutsche Bank AG restated a “sell” rating and set a GBX 479 ($6.25) price target on shares of Standard Chartered PLC in a report on Monday, September 5th. Citigroup Inc. restated a “buy” rating on shares of Standard Chartered PLC in a report on Wednesday, August 31st. Finally, HSBC cut shares of Standard Chartered PLC to a “hold” rating and set a GBX 650 ($8.48) price target on the stock. in a report on Wednesday, August 17th.
Standard Chartered PLC (LON:STAN) traded down 0.40% on Friday, reaching GBX 628.30. The company’s stock had a trading volume of 8,909,782 shares. Standard Chartered PLC has a 1-year low of GBX 373.40 and a 1-year high of GBX 753.63. The company’s market capitalization is GBX 20.62 billion. The stock has a 50 day moving average price of GBX 634.65 and a 200-day moving average price of GBX 561.58.
About Standard Chartered PLC
Standard Chartered PLC is an international banking company. The Bank provides personal banking, business banking, wealth management, Islamic banking and online banking services. Its segments include Corporate and Institutional clients, Commercial Clients, Private Banking Clients and Retail Clients. Its Corporate and Institutional clients segment consists of global corporates, local corporates and financial Institutions.
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